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Goodwill
12 Months Ended
Oct. 31, 2015
Goodwill.  
Goodwill

Note 9: Goodwill

 

Goodwill allocated to HP’s reportable segments and changes in the carrying amount of goodwill were as follows:

 

 

 

 

 

 

 

 

Balance at
October 31, 2014(1)

 

Goodwill
adjustments

 

Balance at
October 31, 2015(1)

 

 

 

In millions

 

Personal Systems

 

$

2,588 

 

$

 

$

2,588 

 

Printing

 

$

3,103 

 

$

(11)

 

$

3,092 

 

Corporate Investments

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

5,691 

 

$

(11)

 

$

5,680 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at October
31, 2013(1)

 

Goodwill
adjustments

 

Balance at October
31, 2014(1)

 

 

 

In millions

 

Personal Systems

 

$

2,588 

 

$

 

$

2,588 

 

Printing

 

$

3,103 

 

 

$

3,103 

 

Corporate Investments

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

5,691 

 

$

 

$

5,691 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Goodwill is net of accumulated impairment losses of $0.8 billion related to Corporate Investments.

 

Goodwill is tested for impairment at the reporting unit level. As of October 31, 2015, our reporting units are consistent with the reportable segments identified in Note 3, “Segment Information.” Based on the results of its annual impairment tests as of August 1, 2015, HP determined that no impairment of goodwill existed as of either measurement date in fiscal 2015. There were no goodwill impairments in fiscal 2014 and 2013. HP will continue to evaluate goodwill on an annual basis as of the beginning of its fourth fiscal quarter and whenever events or changes in circumstances indicate there may be a potential impairment.